Senior Debt Leverage Ratio definition

Senior Debt Leverage Ratio means, for Credit Parties on a consolidated basis, at any date of determination, the ratio of (i) Senior Debt outstanding on such date, to (ii) EBITDA for the applicable Test Period then ending taken as one accounting period.

Senior Debt Leverage Ratio means on any date a ratio calculated as provided in the definition of Leverage Ratio contained herein; provided that the term "Consolidated Senior Debt" shall be deemed inserted in lieu of the term "Consolidated Debt" in clause (i) of the definition of Leverage Ratio.

Senior Debt Leverage Ratio means, at any time, the ratio of Senior Debt to EBITDA (determined with respect to the most recently completed two financial quarters of the Parent Guarantor on an annualized basis).

Examples of Senior Debt Leverage Ratio in a sentence

• Notwithstanding the foregoing, in the event that the Borrower makes a Price Reduction Election, the maximum allowable Senior Debt Leverage Ratio for each corresponding period occurring after the date of such Price Reduction Election through the Maturity Date shall be permanently reduced by 0.25.

• They confer a broad colour range from deep-amber to red-brown in beer (Kunze, 1999; Narziß, 1995; Weyermann Malzfabrik GmbH, 2007).

• The Borrower will not permit the Consolidated Senior Debt Leverage Ratio as of the last day of any fiscal quarter to be greater than 2.00 to 1.00.

• The U.S. Borrower will maintain, on a consolidated basis and tested as of the last day of each of the U.S. Borrower’s fiscal quarters for the four (4) quarter period ending in that date, a Senior Debt Leverage Ratio of not greater than 2.5 to 1.0.

• For purposes of the foregoing, "Senior Debt Leverage Ratio" shall mean, for each measurement period, the ratio of the total amount of the outstanding Loans to EBITDA.

More Definitions of Senior Debt Leverage Ratio

Senior Debt Leverage Ratio means, as of the last day of each fiscal quarter, the ratio of Consolidated Senior Indebtedness (computed as of the last day of each such fiscal quarter) to Consolidated EBITDA (computed for the four fiscal quarters then ending).

Senior Debt Leverage Ratio means, at any date, the ratio of (x) -------------------------- Total Senior Debt at such date to (y) Consolidated EBITDA for the Measurement Period ended on or immediately prior to such date.

Senior Debt Leverage Ratio means, on any date of determination, the ratio of Total Senior Debt to Annualised EBITDA.

Senior Debt Leverage Ratio means, with respect to any period, the -------------------------- ratio of (i) Indebtedness for Borrowed Money as at the end of such period minus ----- Permitted Subordinated Indebtedness as at the end of such period to (ii) EBITDA for such period.

Senior Debt Leverage Ratio means, for any fiscal period of the Company, the ratio of (a) Senior Funded Debt as of the last day of such fiscal period to (b) Total Capitalization as of the last day of such fiscal period.

Senior Debt Leverage Ratio means the ratio of Senior Debt to Consolidated Net Worth.

Senior Debt Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Debt as of said date of determination -to- (b) EBITDA for the period of four consecutive fiscal quarters immediately preceding said date of determination, taken together as one accounting period.